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Okta Inc - OKTA STOCK NEWS

Welcome to our dedicated news page for Okta (Ticker: OKTA), a resource for investors and traders seeking the latest updates and insights on Okta.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Okta's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Okta's position in the market.

News
Okta Ventures Unveils "The Identity 25" to Honor Pioneers Shaping the Future of Digital Identity
Rhea-AI Summary
Okta Ventures introduces 'The Identity 25,' recognizing leaders in digital identity. The report highlights innovators shaping secure and scalable identity technologies, aiming to enhance security and privacy globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
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News
Okta Announces Availability of Fine Grained Authorization for Enhanced Security and Efficiency
Rhea-AI Summary
Okta, Inc. (NASDAQ:OKTA) announces the general availability of Fine Grained Authorization (FGA) to simplify authorization complexities for developers. FGA offers centralized, flexible, and scalable authorization models, allowing development teams to focus on innovation and product delivery. The technology enhances security, efficiency, and control, catering to diverse business needs and use cases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
none
-
News
Okta to Present at Upcoming Investor Conferences
Rhea-AI Summary
Okta, Inc. (NASDAQ: OKTA) announces participation in upcoming investor conferences by key members of its management team. Todd McKinnon, CEO and Co-founder, and Monty Gray, Executive Vice President of Corporate Development, will present at the Morgan Stanley Technology, Media & Telecom Conference and KeyBanc Capital Markets 2024 Emerging Technology Summit, respectively. The presentations will be webcast live on Okta's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.91%
Tags
conferences
News
Okta Strengthens Go to Market Leadership with Executive Appointments
Rhea-AI Summary
Okta, Inc. announces three key executive appointments to strengthen its go-to-market team. Eric Kelleher promoted to President, Customer Experience & Communications, Ed Daly becomes Chief Customer Officer, and Christine Halvorsen joins as CTO, Public Sector. These appointments signify Okta's commitment to enhancing customer engagement and driving growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.91%
Tags
none
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News
Okta Announces Fourth Quarter And Fiscal Year 2024 Financial Results
Rhea-AI Summary
Okta, Inc. (OKTA) reports strong Q4 results with revenue growth of 19% year-over-year, subscription revenue up 20%, and record operating cash flow. Full-year fiscal 2024 revenue increased by 22% year-over-year. The company achieved record non-GAAP profitability and cash flow, with significant margin expansion. Financial outlook for fiscal 2025 shows continued growth despite challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.91%
Tags
earnings
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News
Okta to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on February 28, 2024
Rhea-AI Summary
Okta, Inc. (OKTA) will release its financial results for Q4 and fiscal year 2024 on February 28, 2024. A live webcast will be hosted to discuss the results, accessible through the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
earnings
News
Okta Announces Third Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Okta, Inc. (Nasdaq: OKTA) reported a 21% year-over-year growth in Q3 revenue, with subscription revenue growing by 22%. The current remaining performance obligations (cRPO) also saw a 16% year-over-year increase to $1.83 billion. The company achieved a record operating cash flow of $156 million and record free cash flow of $150 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
earnings
-
News
Okta Appoints Jon Addison as Chief Revenue Officer and Kerry Ok as Chief Marketing Officer
Rhea-AI Summary
Okta, Inc. (NASDAQ:OKTA) announces the appointment of Jon Addison as Chief Revenue Officer and Kerry Ok as Chief Marketing Officer. Jon will lead the team responsible for helping customers solve their identity challenges using Okta’s Workforce and Customer Identity Clouds, while Kerry will lead efforts to connect Okta customers with the company’s brand, products, solutions, and mission and drive growth in an $80 billion market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
management
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News
Okta to Announce Third Quarter Fiscal Year 2024 Financial Results on November 29, 2023
Rhea-AI Summary
Okta, Inc. (NASDAQ: OKTA) will release its financial results for its third quarter fiscal year 2024 on November 29, 2023. A live webcast will be held at 2:00 p.m. Pacific time to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
earnings
News
Okta Launches Passkey Support to Help Enterprises Unlock a Passwordless Future
Rhea-AI Summary
Okta announces support for passkeys as a passwordless authentication method for Okta Customer Identity Cloud, aiming to increase adoption of phishing-resistant authentication. Passkeys provide faster, easier, and more secure sign-ins to apps and websites. According to Accenture's survey, authentication issues have negatively impacted the bottom line for 75% of global executives. Passkeys are available today in early access and will be generally available in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
Stock OKTA logo
Okta Inc

Nasdaq:OKTA

OKTA Rankings

#607 Ranked by Market Cap
#928 Ranked by Stock Gains
N/A Ranked by Dividends

OKTA Stock Data

16.45B
159.10M
0.67%
86.61%
2.28%
Software Publishers
Information
Link
US
San Francisco

About OKTA

okta is the leading independent provider of identity for the enterprise. the okta identity cloud connects and protects employees of many of the world's largest enterprises. it also securely connects enterprises to their partners, suppliers and customers. with deep integrations to over 5,000 apps, the okta identity cloud enables simple and secure access from any device. thousands of customers, including experian, 20th century fox, linkedin, flex, news corp, dish networks, and adobe trust okta to work faster, boost revenue and stay secure. okta helps customers fulfill their missions faster by making it safe and easy to use the technologies they need to do their most significant work.